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Wall Street and FDR
by Antony C. Sutton
Buccaneer Books, 1975, paperback
Wall Street
Franklin Roosevelt
corporate socialism
monopoly capitalism
Federal Reserve

John D. Rockefeller and his 19th century fellow-capitalists were convinced of one absolute truth: that no great monetary wealth could be accumulated under the impartial rules of a competitive laissez faire society. The only sure road to the acquisition of massive wealth was monopoly: drive out your competitors, reduce competition, eliminate laissez-faire, and above all get state protection for your industry through compliant politicians and government regulation. This last avenue yields a legal monopoly, and a legal monopoly always leads to wealth.